27 C
City of Banjul
Saturday, September 26, 2020

Insurance stakeholders set to put sector on stronger footing

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As part of the activities, the stakeholders, including those from outside the insurance industry, will discuss the potential benefits of reforming the insurance industry so that it can play a central position in the economic development of The Gambia.    

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This is the 5th edition of the annual insurance awareness week, organised by the IAG, during which different stakeholders are engage in a consultative forum with a view to enlightening them on issues of concern to the insurance industry.   The campaign also serves as a platform for the insurance practitioners to further increase the general public’s understanding of insurance and insurance policies.

A news release from the IAG secretariat in Banjul said the awareness week is part of the association’s information, education and clarification (IEC) programme that seeks to increase public awareness about the progress and benefits of The Gambia insurance industry.

The weeklong programme will today commence with a march past starting at Westfield to the head office of Royal Insurance Company along Kairaba Avenue where statements will be delivered by various insurance technocrats and other distinguished guests.

There will be a forum on the potential benefits of the proposed reforms of the insurance industry on the bourgeoning economy of The Gambia, on Wednesday.   The forum will be held at the Seaview Garden Hotel in Kololi with distinguished speakers including Abdoulie Baks Touray, a development economist and chairman of the American Chamber of Commerce and Industry (The Gambia), and Mr Festus Ahaotu, managing director of Capital Express Assurance Company Limited.

Thursday will be the annual general meeting of the insurance association of The Gambia during which members will discuss the association’s achievements and challenges over the previous year and chart a new way forward.  

The IAG co-operative credit union will hold its annual general meeting on Friday while Saturday, the last day of the weeklong event, is slated for the association’s picnic where the management and staff of all the insurance companies will gather at the beach side to have fun.

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